Authors : Somchith Sompaseuth; Baoming Li; Kheuakham Bounvilay; Sorphasith Xaisongkham; Phonephet Miphenglarvan; Soukzana Ladtakoun; Vadsana Chanthanasinh; Vadsana Somphon

Volume/Issue : Volume 10 - 2025, Issue 5 - May

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Google Scholar : https://tinyurl.com/42ahu9ey

DOI : https://doi.org/10.38124/ijisrt/25may781

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

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Abstract : T This study delves into Lao PDR's entrepreneurship evolution, employing qualitative methods to trace its shift from traditional agrarian roots to contemporary innovation. Examining historical and cultural influences, it dissects the entrepreneurial landscape shaped by economic reforms. Challenges and opportunities faced by entrepreneurs are explored alongside government initiatives fostering a favorable business environment. Findings furnish fresh insights on entrepreneurial evaluation and evolution factors. The study imparts vital policy implications crucial for promoting entrepreneurship in Lao PDR, encapsulating the nation's journey from age-old practices to a dynamic, innovation-driven landscape.

Keywords : Business Environment; Economic Development & Economic Growth; Entrepreneurship Evolution; Innovation; Lao PDR.

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